Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan (CIF) - 2023
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan (CIF) - 2023

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $23,237 per ton in June 2023, which is down by -12.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 15% against the previous month. As a result, import price attained the peak level of $33,782 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($27,308 per ton), while the price for China ($23,047 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan (FOB) - 2022

The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $8,342 per ton in 2022, with an increase of 737% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $40,232 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,005 per ton), while the average price for exports to Guinea totaled $4,726 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan

Imports of machinery; parts of machinery for making or finishing paper or paperboard into Pakistan soared to 88 tons in 2022, growing by 24% against 2021. Over the period under review, imports, however, recorded a abrupt downturn.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard rose to $2.9M in 2022. In general, imports, however, continue to indicate a deep reduction.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8081,2221,1331,0167.9%
Italy18276.718265653.3%
United States57.019270.530975.7%
Germany843650662284-30.4%
Austria22718258.484.0-28.2%
Spain20514393.577.0-27.8%
South Korea21771.660.8N/A-47.1%
Senegal9.4N/AN/AN/A0%
India151N/AN/AN/A0%
Others1,314620568458-29.6%
Total4,0153,1562,8282,884-10.4%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Pakistan in 2022:

  1. China (36.1 tons)
  2. Italy (17.2 tons)
  3. United States (8.9 tons)
  4. Germany (8.3 tons)
  5. Spain (2.3 tons)
  6. Austria (1.9 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan

After three years of growth, shipments abroad of machinery; parts of machinery for making or finishing paper or paperboard decreased by -92.1% to 900 kg in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 30%.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard fell sharply to $7.5K in 2022. Overall, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 451%. As a result, the exports attained the peak of $154K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.352.7N/A5.4-32.2%
GuineaN/AN/AN/A1.40%
ChinaN/A78.9N/A0.7-90.6%
Spain2.2N/AN/AN/A0%
United Arab Emirates8.5N/AN/AN/A0%
AustriaN/A21.4N/AN/A0%
FinlandN/AN/A11.3N/A0%
SingaporeN/A1.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total27.915411.37.5-35.5%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Pakistan in 2022:

  1. Germany (599.0 kg)
  2. Guinea (292.0 kg)
  3. China (9.0 kg)

Source: IndexBox Market Intelligence Platform

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